Lifetime Learning Credit & The American Opportunity Tax Credit
Understand the Differences – With the number of tax breaks available to help manage the cost of education, it can…
Understand the Tax Details of Life Events
Most life events have tax consequences attached to them. Some of them, though are not obvious. Here are six situations…
Avoid the Tax Pitfalls of Adding Extra Income
Earning extra income feels great until tax season arrives. A second job, freelance project, or growing side hustle can change…
Time for a Tax Planning Review
With all the complexity in the tax code today, it is easy to put off taking a look at your…
Annual Tax Quiz – American History Edition
This year marks 250 years of American independence, which also means two-and-a-half centuries of spirited debate over taxes. From the…
Louis Merritt (03/01/2013 to 10/13/2023)
It is with deepest sorrow that we announce the passing of our sweet Louis. Louis was an integral part of…
Understanding Goodwill in Accounting
You might know the word “goodwill” as the name of a local charity where you can drop off household items…
5 Ways To An Accountant’s Heart
In the last few years, the shortage of accounting professionals has grown tremendously, and many business owners are struggling to…
Income Tax Deductions vs. Tax Credits
Which One Is Better? While a deduction can reduce the amount of taxable income, credits can directly reduce the amount…
The Inflation Reduction Act: Electric Vehicle Credits
Are you considering buying an electric vehicle in 2023? The rules have recently changed, due to the passage of the…